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Press Releases from PayRate42 (114 total)

PayRate42 Reviews CertiK: A Leader in Blockchain Security Auditing

PayRate42 has reviewed CertiK, a blockchain security company specializing in smart contract auditing and Web3 cybersecurity solutions. Leveraging AI-powered tools and cutting-edge technology, CertiK provides security audits, on-chain monitoring, and threat detection services to blockchain projects and decentralized applications (dApps). With a strong reputation in the industry, CertiK has audited over 4,000 projects, ensuring safety and transparency for investors and developers alike. Rated "Green" for compliance and service reliability, CertiK continues

PayRate42 Expands Rating Program to Include Crypto Tokens and Projects

PayRate42, a leading provider of financial and investment ratings, has announced the expansion of its services to cover crypto tokens and blockchain projects. This strategic move aims to provide investors with a comprehensive guide and deeper insights into the rapidly evolving crypto market while helping to prevent fraud. Addressing the Growing Need for Transparency: The crypto industry has experienced explosive growth, with thousands of new projects and tokens entering the market. However,

PayRate42 Reviews Lofty.ai: Democratizing Real Estate Investment Through Blockch …

PayRate42 has reviewed Lofty.ai, a platform offering fractional ownership in U.S. rental properties via blockchain-based tokens. With a minimum investment of $50, Lofty.ai allows users to earn daily rental income and benefit from property appreciation. Built on the Algorand blockchain, it ensures secure, transparent transactions and operates under a compliant DAO LLC structure in Delaware. Rated "Green" for compliance, Lofty.ai offers a low-barrier entry to real estate with high liquidity

PayRate42 Reviews Striga: A Compliant Digital Asset Solution for FinTech Innovat …

PayRate42 has reviewed Striga, a unified API infrastructure provider for digital assets and financial services. With products ranging from crypto wallets and exchanges to card issuing and banking APIs, Striga simplifies compliance and entry barriers for FinTechs, Web3 startups, and crypto exchanges. As the first company licensed by the Estonian Financial Intelligence Unit for Virtual Currency Services, Striga holds a "Green" compliance rating. However, with few customer reviews, it holds

CoinsPaid and CryptoProcessing: Latest Q3 2024 Report, Major Cyberattacks, and R …

CoinsPaid, a leading crypto payment processor, has released its Q3 2024 results, reporting an impressive €2.23 billion in transactions processed, marking a 27% year-over-year growth. However, amidst these achievements, the group faces a series of serious allegations and regulatory challenges. Key Highlights Q3 2024 Performance: CryptoProcessing, CoinsPaid's flagship payment platform, processed over 2.52 million transactions, largely within high-risk industries such as online entertainment and interactive services. CFO Hanna Drabysheuskaya attributes this growth

PayRate42 Reviews Kontigo: A Dollar-Based Financial Solution for Latin America

Berlin, Germany - July 19, 2024 - PayRate42 has reviewed Kontigo, a new fintech providing dollar-based savings with an 8% annual yield and features tailored for the underbanked in Latin America. Kontigo's offering includes high-yield savings, hybrid card options, and WhatsApp-based support, yet relies on third-party custodians rather than direct banking licensure. Rated "Green" for compliance and "Orange" for customer experience due to its early stage, Kontigo is one to

Real-World Asset Tokenization Report by PayRate42: Opportunities, Risks, Regulat …

Real-World Asset Tokenization (RWAT) is revolutionizing finance by converting physical assets, such as real estate, art, and luxury items, into blockchain-based tokens. This shift opens new investment opportunities, especially for smaller investors, and enhances the liquidity of traditionally illiquid assets by enabling fractional ownership. Additionally, blockchain technology simplifies ownership transfers and creates a secure record of transactions through smart contracts. Opportunities and Potential RWAT democratizes access to high-value assets, increases liquidity, and

PayRate42 Reviews Protegee AI: A Payment Solution for AI-Driven Systems

PayRate42 has reviewed Protegee AI, an innovative platform that simplifies payment integration for AI voice agents and autonomous systems. With a simple webhook setup, Protegee AI enables businesses to add secure, compliant payment functionality to their AI-driven platforms. Currently in closed beta, Protegee AI has raised $10 million in seed funding to support development. With a strong founding team from the high-frequency trading industry, PayRate42 provisionally rates Protegee AI "Green"

What Are Non-KYC Exchanges?

What Are Non-KYC Exchanges? A short Narrative by PayRate42-The Payment Rating Agency Non-KYC exchanges are cryptocurrency trading platforms that do not require users to verify their identities before participating in trades. Unlike traditional exchanges that enforce Know Your Customer (KYC) regulations, these platforms allow users to maintain anonymity by not requesting personal identification documents such as government-issued IDs, addresses, or financial details. The focus of non-KYC exchanges is on preserving user privacy

PayRate42 Reviews Steelcoin: A New Digital Asset Backed by Physical Steel

PayRate42 has reviewed Steelcoin, an innovative investment platform transforming steel into a digital asset. Launched in partnership with Frankstahl, Steelcoin offers two main products: an ERC-20 token backed by physical steel and an ETP for traditional investors. The platform is regulated by the Austrian Financial Market Authority (FMA), and its security token is listed on Bitpanda. While new to the market, Steelcoin shows strong compliance with sustainability principles and long-term

PayRate42 Reviews JNFX: FX Solutions with Compliance Concerns

PayRate42 has reviewed JNFX, a UK-based financial services firm specializing in international payments and FX solutions. With over £30 billion transferred, the firm is FCA-regulated. However, involvement in a high-profile legal case raises concerns about compliance, resulting in an "Orange" rating. Additionally, JNFX lacks public customer reviews, making it difficult to assess service reliability. PayRate42 advises caution regarding JNFX's legal and customer transparency issues. For more details, visit: https://payrate42.com/listings/jnfx/ 8 The Green 19901

Do Stablecoin Issuers in the EU Need an EMI License? A Comprehensive Analyse by …

With the implementation of the Markets in Crypto-Assets (MiCA) regulation set to take effect in January 2025, the European Union is introducing a more stringent regulatory framework for crypto-assets, including stablecoins. MiCA mandates that stablecoin issuers-such as Tether-obtain an Electronic Money Institution (EMI) license if they wish to continue their operations within the EU. An EMI license is required when a stablecoin meets the definition of e-money, which is characterized by

PayRate42 Reviews Kinesis: A Gold and Silver-Backed Digital Asset Platform

PayRate42 has reviewed Kinesis, a unique platform offering digital assets backed by physical gold and silver through its KAU and KAG stablecoins. With a range of services, including the Kinesis Exchange and Kinesis Pay, the platform combines blockchain technology and precious metals for secure, real-time transactions. Regulated in the Cayman Islands and Lithuania, Kinesis earns a "Green" rating for compliance and customer satisfaction, making it a standout choice for stablecoin

PayRate42 Reviews Edelcoin: A Swiss-Compliant Digital Asset with Transparency Ch …

PayRate42 has reviewed Edelcoin, a stablecoin backed by a diversified basket of metals and designed to offer a secure digital currency solution. While regulated in Switzerland through its membership in VQF, the project's limited regulatory reach and lack of transparency around its reserves raise concerns. This has led PayRate42 to rate Edelcoin as "Orange" for both compliance and risk. Edelcoin needs to strengthen its transparency and regulatory disclosures to build

PayRate42 Issues "Green" Rating for Mano Bank (mano.bank) After Comprehensive Re …

PayRate42 is pleased to announce the completion of its detailed assessment of Mano Bank, resulting in a "Green" rating in both compliance and customer service categories. Key Findings: Strong Compliance Framework: Mano Bank has demonstrated full adherence to regulatory standards and best practices, with no indications of compliance breaches or operational risks. The bank's robust risk management strategies and experienced board have been crucial in maintaining these high standards. Exceptional Customer Service: Customer feedback has

Why Are Fintechs and Neobanks Pushing eSIMs? A Comprehensive Analysis by PayRate …

In recent years, the rapid adoption of eSIM technology by fintechs and neobanks has raised eyebrows. Once seen as the domain of telecom providers, eSIMs are now being bundled with banking services in what appears to be a curious convergence of finance and telecom. On the surface, this seems like an evolution in customer convenience, but beneath the glossy marketing, is there a deeper strategy at play? The Rise of eSIMs:

PayRate42 Evaluates PayTech

PayRate42 has reviewed PayTech, a fintech company providing white-label payment gateways and banking solutions. While PayTech offers services like multi-currency processing, fraud prevention, and global integrations, the lack of regulatory oversight and transparency regarding leadership and customer feedback are concerning. Without information on key personnel or customer reviews, it is difficult to assess user satisfaction. PayRate42 rates PayTech as "Orange" for both compliance and transparency, advising potential users to approach

FinchPay Rating Review by PayRate42: Regulatory Compliance with Strong Customer …

FinchPay, a Lithuania-based virtual asset service provider, specializes in fiat-to-crypto and crypto-to-fiat transactions, offering services like OTC trading and on-ramp/off-ramp transactions. Licensed by the Lithuanian Financial Crimes Investigation Service (FCIS), FinchPay adheres to strict AML and KYC standards. While the platform boasts a Trustpilot rating of 4.4 stars, highlighting customer satisfaction, the lack of transparency regarding its leadership results in an "Orange" compliance rating, and a "Green" for customer experience. For

PayRate42 Reviews Payactive: Mixed Ratings for Compliance and Customer Experienc …

PayRate42 has evaluated Payactive, a European financial services provider offering payment processing solutions for various business models, including online stores and subscription services. While the platform provides automated payment options and charges a 1.4% fee per transaction, there is no clear indication of regulation from any financial supervisory authority. Thus, PayRate42 rates Payactive as "Green" with a tendency towards "Orange" for compliance. The mixed customer feedback on Trustpilot results in

PayRate42 Reviews Nayax: A Fintech Provider with Strong Compliance

PayRate42 has reviewed Nayax, a global fintech company offering cashless payment solutions and management systems for unattended retail. With offerings ranging from telemetry systems to consumer engagement tools and EV charging payments, Nayax serves industries like vending, kiosks, and laundromats. Nayax is fully licensed as a Payment Institution by the Bank of Lithuania, ensuring compliance across the European Economic Area. With a Trustpilot rating of 3.9 stars, PayRate42 rates Nayax

Expanded Report on Papaya Ltd. and Blackcatcard: Ongoing Investigations Unveiled

A new in-depth report sheds light on the ongoing investigations surrounding Papaya Ltd. and its prominent brand Blackcatcard. The findings, revealed by PayRate42, delve into critical compliance concerns and regulatory scrutiny that have put the company in the spotlight. With a strong focus on transparency, the report highlights the potential implications for both the company and its customers. As fintech companies continue to face heightened regulatory challenges, this case raises important

How MiCA Will Transform Crypto Payment Providers: What You Need to Know

The MiCA regulation (Markets in Crypto-Assets) is about to reshape the entire crypto landscape in the EU, and it's not just about exchanges and token issuers. Crypto payment providers-those specializing in enabling payments through cryptocurrencies-are also facing major changes. So, what exactly will MiCA mean for these businesses? Crypto Payment Providers Under the MiCA Spotlight MiCA was designed to create a comprehensive legal framework for crypto assets, but it doesn't leave out

PayRate42 Reviews Blackcatcard: Ongoing Investigations and Customer Concerns

PayRate42 has evaluated Blackcatcard, a mobile banking service provided by Papaya Ltd, which is regulated by the Malta Financial Services Authority (MFSA). While Blackcatcard offers useful features such as free IBAN accounts and crypto services, regulatory investigations into the ownership of Papaya Ltd raise concerns. Combined with mixed customer reviews on Trustpilot, Blackcatcard has been rated "Orange" for both compliance and customer experience, highlighting the need for caution. For more information,

Paxum Bank: The Offshore Bank for the High Risk Industry!

Paxum Bank, headquartered in Dominica, is under growing scrutiny due to its involvement with high-risk industries, particularly adult entertainment, and its alleged connection to financial activities of the Tate brothers. Despite being licensed and regulated by Dominica's Financial Service Unit, the bank faces allegations of fraud, insider trading, and suspicious transactions. With ongoing investigations, Paxum Bank's role in facilitating financial services for high-risk sectors, including adult content creators, raises concerns

The Comeback of Russian Crypto Exchange Garantex as Sanctions Bypass Facilitator …

Russia's evolving cryptocurrency legislation is shining a spotlight on platforms like Garantex and Exved, positioning them as potential instruments in the country's growing digital asset strategy. Garantex, a major exchange with a track record of facilitating transactions for sanctioned entities, and Exved, a cross-border payment service, both founded by crypto entrepreneur Sergey Mendeleev, are well-placed to support Russia's efforts to mitigate the impact of international sanctions. These platforms offer critical capabilities,

PayRate42 Analysis: The Role and Regulatory Landscape of Stablecoin Issuers

As stablecoins increasingly become a cornerstone of the digital economy, stablecoin issuers play a vital role in bridging traditional finance with the fast-evolving world of cryptocurrency. This PayRate42 analysis delves into the critical aspects of stablecoin issuance, focusing on the latest regulatory developments and compliance challenges, particularly in the US and Europe. Stablecoin Issuers: The Backbone of Digital Finance Stablecoins, such as USDC or Tether, are designed to maintain a stable value

Stablecoin Issuers: Business Models, Regulation, and the Future of Digital Finan …

Stablecoins have emerged as a key component in the digital asset ecosystem, offering a bridge between traditional fiat currencies and cryptocurrencies. They provide the stability of fiat currencies while retaining the benefits of digital assets, such as rapid transaction speeds and global accessibility. Key players in this space include Circle, Tether, Binance, and recently, PayPal, which has expanded from its traditional fiat-based payment processing into the realm of stablecoins. Circle recently

PayRate42 Reviews Frax Finance

PayRate42 has reviewed Frax Finance, a prominent decentralized finance (DeFi) platform. Frax offers a unique stablecoin protocol that combines algorithmic and collateralized elements, aimed at providing stability within the crypto ecosystem. The platform is recognized for its innovative approach to decentralized monetary policy. While Frax Finance operates effectively within the DeFi space, its lack of traditional financial regulation places it in the "Orange" category for compliance, with a "Green" rating

PayRate42 Reviews YabandPay: A European Payment Gateway for Chinese Merchants

PayRate42 has reviewed YabandPay, a FinTech company based in the Netherlands that specializes in smart payment solutions for European businesses, particularly those serving Chinese consumers. YabandPay offers integrations with platforms like WeChat Pay, Alipay, and UnionPay for both online and in-store payments. The company is regulated by De Nederlandsche Bank (DNB) and holds additional licenses in Lithuania and Estonia, earning a "Green" compliance rating. Due to limited customer feedback, YabandPay's

PayRate42 Reviews and Analyzed destream: A Decentralized Monetization Platform

PayRate42 has reviewed destream, a fintech platform aimed at content creators like streamers and bloggers. Destream offers innovative tools for content monetization, including donations, subscriptions, and merchandise sales, along with payment options like cryptocurrencies and lower transaction fees. Despite its benefits, destream is unregulated, raising compliance concerns. Additionally, mixed customer reviews on platforms like Trustpilot have led PayRate42 to rate destream as "Orange" for both compliance and service reliability. For more

 WARNING: Fake Regulator Alert - FINAEU! 

Together with FinTelegram, we have uncovered yet another fake regulator-FINAEU. This deceptive entity falsely claims to be an independent public supervisory authority overseeing the investment services market and other financial sectors in Europe, including crypto-asset services. On their website, fin-eu.com, they even boast about licensing over 85 brokers. However, this is completely untrue! The German Federal Financial Supervisory Authority (BaFin) recently issued a warning and confirmed that FINAEU is not a

Tinder and Bumble: The High-Risk Titans Behind Your Swipe-Right World

We all know Tinder and Bumble as the top names in online dating, but there's a lot more happening behind the scenes than meets the eye. These seemingly fun apps are actually giants in a high-risk industry fraught with challenges. Here's why Tinder and Bumble are the ultimate examples of high-risk players that few people see beyond the surface. Security Showdown: Beyond the Swipe Think Tinder and Bumble are just about

PayRate42 Raises Orange Flags on NoPayn.io's Compliance and Customer Feedback

PayRate42 has reviewed NoPayn.io, a payment solutions provider offering a range of payment methods, including credit cards and digital wallets. Despite its broad service claims, NoPayn.io's regulatory number does not match records with the Estonian Financial Supervisory Authority, raising concerns about its compliance status. Additionally, the company has a low Trustpilot rating of 3.7 stars from a single review. Consequently, PayRate42 has rated NoPayn.io as an "orange" level risk for

PayRate42 Flags Merchant View for Compliance and Service Quality Issues

PayRate42 has reviewed Merchant View, a provider of offshore merchant accounts, company formation, and payment solutions for high-risk industries. Despite offering a variety of services, the company's claim of holding an EMI license from the FCA lacks transparency, with no verifiable registration details provided. This raises concerns about their regulatory status. Coupled with poor customer reviews, PayRate42 has rated Merchant View as "Red" for both compliance and service reliability. For more

Navigating the Uncertain U.S. Regulatory Landscape for Stablecoins

The regulatory landscape for stablecoins in the U.S. remains highly uncertain, characterized by a lack of clear federal guidelines and a fragmented state-level approach. While regions like the EU, Hong Kong, and Singapore have introduced comprehensive regulatory frameworks for stablecoin issuers, the U.S. has lagged behind, creating a challenging environment for these financial instruments to operate and innovate. As crypto analysis firm Elliptic correctly points out, the federal government has yet

PayRate42 Lists TrueLayer with Positive Compliance and Customer Satisfaction Rat …

PayRate42 has reviewed TrueLayer, a London-based technology company specializing in open banking and financial API services. Authorized and regulated by the UK Financial Conduct Authority (FCA), TrueLayer offers a range of secure APIs for accessing banking data, facilitating payments, and verifying user identity. With partnerships across Europe, TrueLayer supports industries such as fintech, e-commerce, and iGaming. Based on its regulatory compliance and positive customer feedback, PayRate42 has rated TrueLayer as

PayRate42 Reviews NabyPay: Compliance and Customer Experience Raise Concerns

PayRate42 has reviewed NabyPay, a UK-based mobile payment platform designed for small businesses. NabyPay offers a convenient solution for accepting bank and card payments via smartphone, partnering with Stripe for secure transactions. However, the platform's regulatory status remains unclear, leading to an "Orange" rating for compliance. Customer feedback is also limited, with only one review on Trustpilot, resulting in an "Orange" rating for customer satisfaction. For more details, visit:https://payrate42.com/listings/nabypay/ 8 The Green 19901

PayRate42 Reviews Helix Money: Mixed Ratings on Compliance and Customer Experien …

PayRate42 has reviewed Helix Money, a versatile payment processing solution catering to businesses globally. Helix Money offers features such as flexible payouts, smart routing, and fraud prevention, making it appealing to various business models. However, the absence of explicit regulatory information raises compliance concerns, resulting in an "Orange" rating for compliance. On the other hand, positive customer feedback, reflected in a Trustpilot rating of 3.7 stars, has earned the platform

PayRate42 Evaluates Payler: Green for Compliance, Orange for Customer Satisfacti …

PayRate42 has reviewed Payler, an electronic money platform offering bespoke solutions for global online businesses. Payler supports payments in over 40 currencies and caters to industries ranging from eGaming to e-commerce. Regulated by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011, Payler meets compliance standards, earning a "Green" rating for compliance. However, due to mixed customer reviews, PayRate42 rates the platform "Orange" from a customer satisfaction perspective. Read

Urgent Merchant Alert: Paymentico Shows Serious Warning Signs

Merchants are strongly advised to reconsider using Paymentico as a payment processor. User comments reveal alarming issues, including missing payments, unauthorized charges, and a complete lack of customer support. One user complained about paying for tokens they never received, while another highlighted unauthorized billing. Several users expressed frustration over being ignored when seeking help, leading some to contemplate legal action. These experiences suggest Paymentico is unreliable and poses significant risks

PayRate42 Reviews Zoro Card with Cautionary Note

PayRate42 has reviewed Zoro Card, a fintech offering a debit card solution to help users build credit. The Zoro Visa Debit Card is issued by Hatch Bank and is regulated under U.S. banking laws, ensuring user protection. However, PayRate42 has noted concerns due to the lack of transparency about key personnel, limited web presence, and the absence of customer reviews. As a result, Zoro Card has been rated "Orange" for

PayRate42 Reviews Mandato Financial Services with Caution

PayRate42 has reviewed Mandato Financial Services GmbH, a Swiss-based provider specializing in non-cash payment transactions, including electronic transfers and payment methods like credit cards. Managed by Swiss trustee Franz Iten and owned by Cyprus-based Mandato Global Ltd, Mandato operates primarily in the high-risk segment. While Mandato is a member of the Swiss Self-Regulatory Association VQF, it remains an unregulated financial services provider. The lack of transparency regarding beneficial ownership and the

The Decline of QIWI Bank: Russia's Regulatory Crackdown and the Migration of Sus …

Russia's Federal Financial Monitoring Service (Rosfinmonitoring) has revealed a significant migration of clients involved in suspicious transactions from QIWI Bank to other financial institutions. This shift follows the revocation of QIWI Bank's banking license earlier this year by the Central Bank of Russia (CBR), a move prompted by severe violations of federal banking laws, including failures in anti-money laundering (AML) and counter-terrorism financing (CTF) compliance. The Russian Regulatory Response Rosfinmonitoring's Deputy Head,

PayRate42 Reviews utPay's Compliance and Risk Status

PayRate42 has reviewed UAB "Utrg," operating as utPay, a fintech company registered in Lithuania and Abu Dhabi. utPay provides a fiat-to-crypto exchange platform and non-custodial wallet services, offering various payment methods. The platform requires KYC compliance for crypto purchases, which is a positive indicator. However, the lack of transparency regarding ownership and fee structures, combined with associations with illegal online gaming platforms, places utPay on the Orange Compliance List. Despite this,

PayRate42 Issues Advisory for Caibo Payment Platform

PayRate42 has reviewed Caibo, a payment platform designed to support business growth through a variety of payment methods, fraud prevention, and customizable interfaces. Despite its promising features, Caibo lacks visible customer reviews and clear information about regulatory compliance or key personnel, raising concerns about transparency and reliability. Due to these gaps and an incomplete website presentation, PayRate42 rates Caibo as "Orange," with a tendency towards "Red" for both compliance and merchant

PayRate42 Lists and Analyzed Swapify.io

PayRate42 has conducted a review of Swapify.io, an OTC crypto trading platform that presents itself as professional and secure. The platform offers features such as enhanced liquidity and competitive rates, alongside 35+ payment methods. However, there are concerns regarding the platform's transparency and regulatory compliance, as Swapify.io has not provided verifiable license numbers or specific registration details. Additionally, there is a lack of information about the team and no available

PayRate42 Welcomes Swapped.com as an Verified Listing

PayRate42 officially welcomes Swapped.com, a cryptocurrency on-ramp and off-ramp service, to its listings. Operating under Swapped ApS, the platform supports over 35 payment methods across 150+ countries and is registered with the Danish Financial Supervisory Authority, Fintrac Canada, and the Australian Securities & Investments Commission. Key Individuals: Thomas Franklin and Jonathan Bau Customer Rating: 4.7 stars on Trustpilot from over 450 reviews Industries Served: Crypto, Forex, High-Risk Swapped.com is rated "Green" for compliance and

PayRate42 Raises Concerns Over Noda´s Operations

PayRate42 has highlighted concerns regarding Naudapay Limited, operating as Noda.live, for potential involvement in facilitating transactions for unlicensed online gaming platforms. While Noda.live is regulated by the FCA and offers open banking services, investigations reveal a significant connection with the domain https://bankstransfer.com, linked to offshore gaming sites like Zet and Great Win. This association raises serious regulatory and compliance issues, potentially exposing Naudapay Limited to legal scrutiny and reputational risks. For

Bank of Lithuania Halts New Customer Onboarding for Paytech Company Kevin

In a significant regulatory move, the Bank of Lithuania has imposed a suspension on local paytech company Kevin from onboarding new customers. This action stems from Kevin's failure to meet several key regulatory requirements, notably the submission of audited annual accounts and adherence to capital adequacy norms. KEY ISSUES IDENTIFIED: Non-Submission of Audited Accounts: Kevin has not provided the necessary audited financial statements, a critical requirement for maintaining transparency and regulatory compliance. Capital

PayRate42 Lists Payssion with Critical Compliance and Risk Concerns

PayRate42, a leading compliance review agency for financial services, has critically reviewed and listed Payssion, a high-risk payment processor operating anonymously with Hong Kong jurisdiction. Background Payssion's lack of transparency about its operators raises significant concerns. The company's financial situation is unknown, posing a red flag. Offering Targeting high-risk merchants, Payssion offers a range of payment options without set-up fees or monthly charges. Customer Feedback With a Trustpilot rating of 2.3 stars, Payssion faces numerous complaints

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